An annual report released by the Economic Commission for Latin America and the Caribbean (ECLAC) stated that a slowdown in global trade markets in the last decade, and even more since late 2018, will have negative impacts on the performance of Latin American and Caribbean foreign trade in 2019.

In Mexico, Raúl Torres inherited $200,000 and deposited the money in a bank with the promise of security and growth, but over time the bank charged him for credits, which he never requested, and now all he has left is a pension of $300 a month. 

During the turmoil that the country experienced this week due to the closing of the campaigns to elect new regional leaders, news of the country’s energy sector went almost unnoticed.

The Lima – Ica Cercanías train, which is projected to boost trade and promote agricultural production will be awarded in 2021; the work will have an investment of more than US$ 3 billion.

The Brazilian government is making plans to stimulate job creation, as the Special Secretary for Social Security and Labor Rogério Marinho announced that, in the first week in November, the government will present a program to encourage job creation.

In a study conducted by the International Organization of Migration (OIM) in 2016, it was estimated that the number of Guatemalans benefitting from remittances exceeded 6.2 million people.

Economists at Fitch claim that by 2022, transportation and energy infrastructure will be the propellers of civil works in Bogotá and the foundations of the city will be the rail line.

International retail conglomerate Newmark Knight Frank Central America (NKF) bought a local Costa Rican competitor, RAM Real Estate, as a part of an expansion strategy in the Central American region.

The chief economist for Latin America of the United Nations Development Program, Marcela Meléndez, used Peru as an example for how, although economic growth is necessary, it is not a guaranteed solution to poverty unless appropriate measures are put into place to ensure that growth is inclusive.

As a result of the trade war between the United States and China, the economic crisis in Argentina, and other regional issues among Latin American countries, the consulting firm Fitch has reduced its growth forecast for Latin America and the Caribbean.